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NASDAQ: CDNA
Caredx Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CDNA

Based on 6 analysts offering 12 month price targets for Caredx Inc.
Min Forecast
$15.00-47.44%
Avg Forecast
$26.50-7.15%
Max Forecast
$40.00+40.15%

Should I buy or sell CDNA stock?

Based on 6 analysts offering ratings for Caredx Inc.
Buy
Strong Buy
3 analysts 50%
Buy
2 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
1 analysts 16.67%

Be the first to know when Wall Street analysts revise their CDNA stock forecasts and price targets.

CDNA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-27
lockedlocked$00.00+00.00%2024-08-19
lockedlocked$00.00+00.00%2024-08-01
lockedlocked$00.00+00.00%2024-08-01
lockedlocked$00.00+00.00%2024-05-13
Craig-Hallum
Top 31%
70
BuyUpgrades$15.00-47.44%2024-05-01

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Forecast return on equity

Is CDNA forecast to generate an efficient return?
Company
-7.57%
Industry
-2.89%
Market
54.53%
CDNA's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CDNA forecast to generate an efficient return on assets?
Company
-4.29%
Industry
11.79%
CDNA is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CDNA earnings per share forecast

What is CDNA's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$0.84
Avg 2 year Forecast
-$0.79
Avg 3 year Forecast
-$0.38

CDNA revenue forecast

What is CDNA's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$324.5M+9.21%
Avg 2 year Forecast
$340.1M+14.46%
Avg 3 year Forecast
$379.8M+27.85%
CDNA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CDNA revenue growth forecast

How is CDNA forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
7.93%
Industry
6.07%
Market
8.25%
CDNA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CDNA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CDNA vs Diagnostic & Research Stocks

TickerPricePrice TargetUp/downsideConsensus
CDNA$28.54$26.50-7.15%Buy
OPK$1.59$2.75+72.96%Strong Buy
NEO$15.62$20.50+31.24%Strong Buy
CSTL$29.30$37.00+26.28%Strong Buy
LAB$2.00$3.00+50.00%Strong Buy
View Top Diagnostic & Research Stocks

Caredx Stock Forecast FAQ

Is Caredx Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: CDNA) stock is to Buy CDNA stock.

Out of 6 analysts, 3 (50%) are recommending CDNA as a Strong Buy, 2 (33.33%) are recommending CDNA as a Buy, 0 (0%) are recommending CDNA as a Hold, 0 (0%) are recommending CDNA as a Sell, and 1 (16.67%) are recommending CDNA as a Strong Sell.

If you're new to stock investing, here's how to buy Caredx stock.

What is CDNA's earnings growth forecast for 2024-2026?

(NASDAQ: CDNA) Caredx's forecast annual earnings growth rate of N/A is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 24.61%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.36%.

Caredx's earnings in 2024 is -$159,635,000.On average, 2 Wall Street analysts forecast CDNA's earnings for 2024 to be -$44,301,607, with the lowest CDNA earnings forecast at -$44,829,007, and the highest CDNA earnings forecast at -$43,774,207. On average, 2 Wall Street analysts forecast CDNA's earnings for 2025 to be -$41,664,606, with the lowest CDNA earnings forecast at -$46,411,207, and the highest CDNA earnings forecast at -$36,918,006.

In 2026, CDNA is forecast to generate -$20,041,203 in earnings, with the lowest earnings forecast at -$20,041,203 and the highest earnings forecast at -$20,041,203.

What is CDNA's revenue growth forecast for 2024-2026?

(NASDAQ: CDNA) Caredx's forecast annual revenue growth rate of 7.93% is forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 6.07%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.25%.

Caredx's revenue in 2024 is $297,084,000.On average, 3 Wall Street analysts forecast CDNA's revenue for 2024 to be $17,112,022,996, with the lowest CDNA revenue forecast at $16,982,282,576, and the highest CDNA revenue forecast at $17,247,037,416. On average, 3 Wall Street analysts forecast CDNA's revenue for 2025 to be $17,934,239,720, with the lowest CDNA revenue forecast at $17,076,687,190, and the highest CDNA revenue forecast at $18,467,441,201.

In 2026, CDNA is forecast to generate $20,032,237,239 in revenue, with the lowest revenue forecast at $20,032,237,239 and the highest revenue forecast at $20,032,237,239.

What is CDNA's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: CDNA) forecast ROA is -4.29%, which is lower than the forecast US Diagnostics & Research industry average of 11.79%.

What is CDNA's Price Target?

According to 6 Wall Street analysts that have issued a 1 year CDNA price target, the average CDNA price target is $26.50, with the highest CDNA stock price forecast at $40.00 and the lowest CDNA stock price forecast at $15.00.

On average, Wall Street analysts predict that Caredx's share price could fall to $26.50 by Aug 27, 2025. The average Caredx stock price prediction forecasts a potential downside of 7.15% from the current CDNA share price of $28.54.

What is CDNA's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: CDNA) Caredx's current Earnings Per Share (EPS) is -$2.98. On average, analysts forecast that CDNA's EPS will be -$0.84 for 2024, with the lowest EPS forecast at -$0.85, and the highest EPS forecast at -$0.83. On average, analysts forecast that CDNA's EPS will be -$0.79 for 2025, with the lowest EPS forecast at -$0.88, and the highest EPS forecast at -$0.70. In 2026, CDNA's EPS is forecast to hit -$0.38 (min: -$0.38, max: -$0.38).

What is CDNA's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: CDNA) forecast ROE is -7.57%, which is considered weak.
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